
TMM - News
ANZ too clamps down on low-deposit loans

Tuesday 23rd of November 2021
It says owner-occupiers wanting to buy existing homes will not be accepted for new applications where the loan-to-value ratio (LVR) is greater than 80%.
The bank insists the move is only temporary.
Customers with existing home approvals or pre approvals are not affected, nor are new builds.
It follows the Reserve Bank (RBNZ) limiting all banks'...
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